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>> kristen welker tonight, thank you. >>> now to the other big story that has consumed washington in the days since the election. the so-called fiscal cliff looming at the end of the year. if democrats and republicans can't come together and agree on a deal to avert it, taxes are going to go up for most americans. we get the latest tonight from nbc's mike viqueira. >> reporter: today top democrats drew a hard line. it's either higher taxes on the wealthy or the nation goes over the fiscal cliff. >> if the republicans will not agree with that, we will reach a point at the end of this year where all the tax cuts expire, and we'll start over next year. >> reporter: this as one influential conservative called on republicans to give ground. >> let's have a serious debate. don't scream and yell where one person says, you know what? really? the republican party's going to fall on its sword? a bunch of millionaires half of whom voted democratic and half of whom live in hollywood. >> reporter: but house speaker john boehner rejects any hike in tax rates. instead he would close loopholes in th
>> kristen welker tonight, thank you. >>> now to the other big story that has consumed washington in the days since the election. the so-called fiscal cliff looming at the end of the year. if democrats and republicans can't come together and agree on a deal to avert it, taxes are going to go up for most americans. we get the latest tonight from nbc's mike viqueira. >> reporter: today top democrats drew a hard line. it's either higher taxes on the wealthy or the nation goes...
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washington, d.c., 66. but chicago, 70 today, tomorrow, only 39. >> tale of two countries tonight. ginger, thank you. >>> as i mentioned, it is veteran's day, tomorrow will be the national observance. at arlington national cemetery, president obama and the first lady took part in the time honored tradition, laying a wreath at the tomb of the unknown. tonight here, so many tributes catching our eye. here are two of them. army veteran ehredt has been running a marathon every day now for the past ten weeks a journey that began in minnesota. >> morning, fourth day. on minnesota 53. >> reporter: and came to an end today in galveston, texas, passing through nine states. >> there's this lonely feeling coming over me. but it also made me get up and move. >> reporter: at every mile, mike stops, not to take a break or to catch his breath, but to plant a small american flag, each enscribed with the name of a soldier lost in afghanistan. on this veteran's day, this little boy in north carolina. preparing to read his own handwritten worlds for his father. remembering his dad james, a father of
washington, d.c., 66. but chicago, 70 today, tomorrow, only 39. >> tale of two countries tonight. ginger, thank you. >>> as i mentioned, it is veteran's day, tomorrow will be the national observance. at arlington national cemetery, president obama and the first lady took part in the time honored tradition, laying a wreath at the tomb of the unknown. tonight here, so many tributes catching our eye. here are two of them. army veteran ehredt has been running a marathon every day now...
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and instead of going after solutions we're having a fight in washington. >> we're going to talk about policy in a minute. i want to talk to you first, michael. you were there. you were at the epi center of this transfer of power. what was it like to be in chicago? >> it was exciting. i mean, people were talking about the enthusiasm gap. i said look. i do a lot of renewal of vows as a minister. and the second time around of course it's different. you know more about him. you know about her. you're a little bit more jaded. you ain't getting flowers every day. but the bill's being paid, baby got shoes and everybody good. so that's the renewal of vows obama. look, i'm out here doing my thing. and it was tremendous. it was electric. it was the understanding that this is a real choice in america between two different options, one of which is selfish and redistributing wealth upward to those who are wealthy, and another one that is concerned about the poor and at least about the middle class. so in that sense, people felt that hey, we ratified today the fundamental principles of democracy, n
and instead of going after solutions we're having a fight in washington. >> we're going to talk about policy in a minute. i want to talk to you first, michael. you were there. you were at the epi center of this transfer of power. what was it like to be in chicago? >> it was exciting. i mean, people were talking about the enthusiasm gap. i said look. i do a lot of renewal of vows as a minister. and the second time around of course it's different. you know more about him. you know...
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washington post election, i don't thk that either party has a real mandate per se overall you would think the overall mandate would be to save this country. neil, you've been on top of this. i have a feeling we' go into that january 1st with no deal and maybe the markets crashing, maybe people in the street before they cobble together something akin to kicking it down the road again. they gave themselves a ticking time bomb and now they look like inspector clouseau trying to take it apart. >> neil: ben stein? >> other than raising taxes, it doesn't terrify me to see the taxes going up on the screen, what terrifies me cutting defense. i'd much rather see the taxes go up than cutting defense. and president obama gave a speech, my way or the highway. >> he said exactly the opposite, i mean,, i'm listening to the two of you, i've never been more hopeful about this problem getting resolved. john boehner made conciliatory comments last week and the president made conciliatory-- >> i think ben was saying on the tax issues raising on the rich, debate how much he's going to raise that. he said he
washington post election, i don't thk that either party has a real mandate per se overall you would think the overall mandate would be to save this country. neil, you've been on top of this. i have a feeling we' go into that january 1st with no deal and maybe the markets crashing, maybe people in the street before they cobble together something akin to kicking it down the road again. they gave themselves a ticking time bomb and now they look like inspector clouseau trying to take it apart....
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washington is so obsessed with the debt and deficit. right now, they are freaking out about the speck tor of an automatic reduction in the deficit. >> exactly. >> okay? no one cares about the deficit. this is important to understand. people say they care about the deficit. no one in their actual political behavior acts as if they do. okay. sorry for the rant. it's been driving me bananas. it's been driving me bananas to watch this conversation happen. >> right. >> the question is, what are we going do to reduce -- the framing of the conversation is we need to reduce in the out years the long term debt to gdp ratio and strike a deal to do that to avoid the austerity that is going to be disastrous with the economy. everyone agrees with that. >> yeah. coming from the school of rational expectations, it's built in more than the congressional budget. >> do you want to explain? >> they see the coming storm. >> people are pricing in the problem now. >> one more thing about the reason i think it's a mistake to call it a fiscal cliff. it should
washington is so obsessed with the debt and deficit. right now, they are freaking out about the speck tor of an automatic reduction in the deficit. >> exactly. >> okay? no one cares about the deficit. this is important to understand. people say they care about the deficit. no one in their actual political behavior acts as if they do. okay. sorry for the rant. it's been driving me bananas. it's been driving me bananas to watch this conversation happen. >> right. >> the...
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much more on the fiscal cliff, the irresponsibility with in washington that has led us to extraordinary points and much more on their resignation of cia director david patraeus. for bit 007, we have our own super spy scandal. cia director david patraeus resigns setting an extramarital affair and putting -- quoting does it -- teddy roosevelt in his resignation letter. president obama's reelection reigniting the debate about illegal immigration. what a republican shift on illegal immigration bring hispanic voters under the republican banner? and manhattan institute fellow heather macdonald, our guests next. ♪ lou: president obama was a second term, as a strong support from the latino community among others. so the republicans need to shift their views on immigration reform to convince hispanics they should join the party. the republica party. manhattan institute fellow will be joining us here in moments. talk about just those issues. first we turn our attention to the markets and tonight's moneyline. consumer confidence moving high. reaching a five-year high this month according to the
much more on the fiscal cliff, the irresponsibility with in washington that has led us to extraordinary points and much more on their resignation of cia director david patraeus. for bit 007, we have our own super spy scandal. cia director david patraeus resigns setting an extramarital affair and putting -- quoting does it -- teddy roosevelt in his resignation letter. president obama's reelection reigniting the debate about illegal immigration. what a republican shift on illegal immigration...
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. >>> washington looks at old arguments through a post-election prism. and the sudden end of a distinguished career. >> today. can they hear each other now? >> we can't just cut our way to prosperity. >> feeding the growth of government through higher tax rates won't help us solve the problem. >> avoiding the fiscal cliff. the downfall of the cia chief and the remains of superstorm sandy. with new jersey senator bob menendez and new york congressman peter king. then dissecting tuesday's results with california governor jerry brown. plus, cnn's dana bash looks at the grand old party and the new electorate with a foursome of republicans. former presidential candidate jon huntsman, congresswoman cathy mcmorris-rodgers. former commerce secretary carlos gutierrez, and conservative activist gary bauer piem candy crowley. and this is "state of the union." >>> good morning from california. the state that led the tax cut revolution in the late '70s but this past tuesday voted to raise taxes. we'll talk to governor jerry brown later in the show. but first, that fi
. >>> washington looks at old arguments through a post-election prism. and the sudden end of a distinguished career. >> today. can they hear each other now? >> we can't just cut our way to prosperity. >> feeding the growth of government through higher tax rates won't help us solve the problem. >> avoiding the fiscal cliff. the downfall of the cia chief and the remains of superstorm sandy. with new jersey senator bob menendez and new york congressman peter king....
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the way i found out, i came back to washington thursday night. friday morning, the staff director told me, there were a number of calls from press about this. i called david petraeus. >> director petraeus resigned less than a week before he was scheduled to testify before congress about the cia's response to the deadly 9/11 raid on the american consulate in benghazi. at this point, he is not expected to appear anymore. although, the vice chairman of the senate committee says petraeus might not keep quiet forever. >> he's a very capable dupe morel, mike morel, is going to be testifying next thursday. that's fine because he certainly was there when -- when all of decisions were made, relative to benghazi. but at the end of the day, i would not rule out general petraeus being called to testify. >> we learned that congressman dave reicher from washington state was approached by an fbi whistle-blower who wanted to make sure someone in congress knew about the investigation into this affair. he notified the house major leader, eric canter, who passed it
the way i found out, i came back to washington thursday night. friday morning, the staff director told me, there were a number of calls from press about this. i called david petraeus. >> director petraeus resigned less than a week before he was scheduled to testify before congress about the cia's response to the deadly 9/11 raid on the american consulate in benghazi. at this point, he is not expected to appear anymore. although, the vice chairman of the senate committee says petraeus...
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a beautiful morning there in washington d.c. as you can see, the sun coming up, what a lovely, lovely shot as we remember and appreciate all of our veterans. >> dave: the president will take his turn there, eleven o'clock a.m. eastern time, lay a wreath there to honor our nation's veterans. mike is here in for clayton morris on vacation. >> mike: stunning himself somewhere. >> dave: he's asleep now, but he will be later. >> alisyn: great to have you here. get right to your headlines, it's been nearly two weeks since superstorm sandy struck and people in long island, new york say they've had enough of the delayed response by the long island power authority to turn their power and heat back on. hundreds of protesters rallied outside of the agency's headquarters as you can see, they were demanding answers. >> we're here today, every long islander gets their power back. >> rest assured every employee at national grid and light and contractors and utility servicemen that came here to support our customers will not stop until each and
a beautiful morning there in washington d.c. as you can see, the sun coming up, what a lovely, lovely shot as we remember and appreciate all of our veterans. >> dave: the president will take his turn there, eleven o'clock a.m. eastern time, lay a wreath there to honor our nation's veterans. mike is here in for clayton morris on vacation. >> mike: stunning himself somewhere. >> dave: he's asleep now, but he will be later. >> alisyn: great to have you here. get right to...